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Benzinga's Top ETF Decliners, May 9th (ZSL, SCO, TVIX, ERY)
Monday, May 9, 2011 - 4:50pm | 160ProShares UltraShort Silver (ETF) (NYSE: ZSL) dropped 16.36% on Monday as silver rebounded today. ZSL closed at $19.33, and it had a volume of 26.04M traded shares. ProShares UltraShort DJ-UBS Crude Oil ETF (NYSE: SCO) fell 10.28% today, and it closed at $42.60. Crude oil traded higher on the...
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Targa Resources Partners LP Announces 100,000 Barrel Per Day Fractionation Expansion and Anchor Commitment for New NGL Pipeline (NGLS)
Monday, May 9, 2011 - 3:03pm | 165Targa Resources Partners LP (NYSE: NGLS) and DCP Midstream LLC announced today that they have entered into long-term agreements to anchor: * a 100,000 barrel per day expansion of the Partnership's majority owned Cedar Bayou Fractionator at Mont Belvieu, Texas, and * DCP's Sandhills...
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Chevron Pascagoula Refinery Had Isolated Fire in Crude Unit - Bloomberg
Monday, May 9, 2011 - 10:14am | 21Chevron (NYSE: CVX) Pascagoula Refinery Had Isolated Fire in Crude Unit, Bloomberg reports
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Market Update- SRE, ISAT, THC, SYY, ONTY, TRMB, NVDA- Analysts Upgraded
Monday, May 9, 2011 - 8:57am | 1519Sempra Energy (NYSE:SRE) first-quarter profit rose to $258 million, or $1.07 a share, from $106 million. () is trading at a price of $1.69,a dramatic change of 0.06 with % change of 3.68 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in...
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UPDATE: Morgan Stanley Initiates YPF at Overweight (YPF)
Monday, May 9, 2011 - 8:03am | 172Morgan Stanley is out with its report today on YPF (NYSE: YPF), initiating YPF at Overweight. In a note to clients, Morgan Stanley writes, "We initiate coverage of YPF at Overweight. We expect higher domestic oil prices based on Argentina's macro policy of letting inflation run ahead of currency...
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Market updates: Greece, Chubu Electric, Munich Re, BARC, LLOY, CNA, TCG, ISAT, SRP, ELN, ALKS, VITA, BHP, HBC, LMI
Monday, May 9, 2011 - 5:08am | 1964BHP Billiton Limited (NYSE:BHP) is trading at a price of $95.50, says company and Australia poised to reap benefits of rebalancing of economic weight to Asia; but short to medium-term challenges remain. BHP Billiton Ltd Chairman Jacques Nasser said Monday he believes in a “go-slow” approach to...
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Top Chemical Manufacturing Stocks pick to buy- FSI, VHI, SMG, LXU, TNH, SHI, BAK, CF, RTK, GRA, NANX…
Monday, May 9, 2011 - 3:45am | 1808Flexible Solutions International Inc. (AMEX:FSI) is trading at a price of $1.85,a dramatic change of 0.14 with % change of 8.19 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 24.36M. Flexible...
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Stocks Going Ex Dividend the Third Week of May
Saturday, May 7, 2011 - 8:23pm | 710Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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BP Gets Second Chance In Russia - With A Catch
Friday, May 6, 2011 - 8:08pm | 274BP (NYSE: BP), Europe's second-largest oil company by market value, has found a way to save its controversial $16 billion share swap with OAO Rosneft, Russia's largest oil producer. Sort of. An arbitration panel ruled on Friday that the British oil giant can pursue the deal with Rosneft only if the...
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Benzinga's Top ETF Decliners, May 6th (ZSL, TVIX, CZI, EDZ)
Friday, May 6, 2011 - 7:21pm | 183ProShares UltraShort Silver (ETF) (NYSE: ZSL) dropped 5.05% on Friday as silver rebounded. ZSL closed at $23.11, and it had a volume of 62.02M traded shares. VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) fell 4.09%, and closed at $25.59. TVIX broke its five-day winning streak on Friday...
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A Look Ahead: Next Week's ETFs To Watch
Friday, May 6, 2011 - 3:35pm | 428Friday's market performance, while decent, barely dented the losses seen in the previous four days of the week. Perhaps even worse is the fact that while stocks opened on fire today, the final gains for the day were nothing compared to what we saw at the open. Bottom line: It was not a fun week to...
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BP Seeks Dismissal of Pension-fund Fraud Claims Over Oil Spill -Bloomberg (BP)
Friday, May 6, 2011 - 2:39pm | 44Bloomberg reports that BP (NYSE: BP) seeks dismissal of pension-fund fraud claims over oil spill. BP is also seeking a rejection of all claims by common-stock investors. BP investors claim management hid safety and drilling risks.
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Rosneft Says, "No Talks With BP on Ceding Arctic to TNK-BP" -Bloomberg (BP)
Friday, May 6, 2011 - 10:33am | 33Bloomberg reports that Rosneft says, "no talks with BP (NYSE: BP) yet on ceding arctic to TNK-BP... declines to comment on BP, AAR arbitration decision."
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BP Arbitral Panel Permits Conditional Completion - Bloomberg
Friday, May 6, 2011 - 9:20am | 28According to Bloomberg, BP (NYSE: BP) Arbitral Panel Permits Conditional Completion. The panel permits conditional completion of BP-Rosneft Share Swap.
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Goldman Sachs Neutral On Murphy Oil After Earnings (MUR)
Friday, May 6, 2011 - 7:24am | 237Goldman Sachs has a Neutral rating and a $88 price target on shares of Murphy Oil Corp. (NYSE: MUR) following the company's earnings report. In a note to investors, Goldman writes, "While we think Murphy shares offer investors meaningful absolute share price upside in the context of our bullish...